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Volvo plans to sell self-driving car in 5 years

The Associated Press  |  Posted  Sep 29th - 10:11am

Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five years.

The Latest: Christie says no one trapped in train crash

The Associated Press  |  Posted  Sep 29th - 10:11am

The Latest on the commuter train that crashed into a station in New Jersey (all times local):

Report says Obama administration failed to follow health law

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Sep 29th - 10:11am

The nonpartisan investigative agency of Congress says the Obama administration failed to follow the president's health care law in a $5 billion dispute over compensating insurers for high costs from seriously ill patients.

UPDATED

Train plows into New Jersey station; 1 dead, 100-plus hurt

David Porter, Associated Press  |  Posted  Sep 29th - 10:11am

A crowded commuter train plowed into the bustling Hoboken station during the morning rush hour Thursday, killing at least one person and injuring more than 100 others, some critically, in a tangle of broken concrete, twisted metal and dangling cables, authorities said.

House lawmakers heap blistering criticism on Wells Fargo CEO

Marcy Gordon and Ken Sweet, Associated Press  |  Posted  Sep 29th - 10:02am

Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed.

Markets Right Now: Stocks move lower on Wall Street

The Associated Press  |  Posted  Sep 29th - 10:01am

The latest on developments in global financial markets (all times local):

Average US 30-year mortgage rate slips to 3.42 percent

Paul Wiseman, Associated Press  |  Posted  Sep 29th - 10:01am

Long-term U.S. mortgage rates slipped this week to the lowest level since mid-July.

Long-term US mortgage rates slide to lowest level since July

The Associated Press  |  Posted  Sep 29th - 10:01am

Long-term mortgage rates dropped this week to the lowest level since July after the Federal Reserve chose to delay a rate hike.

FCC delays vote on much-disputed rules on cable boxes

Tali Arbel, Associated Press  |  Posted  Sep 29th - 10:01am

Federal regulators have delayed a vote on requiring cable and satellite TV companies to make free apps to bypass the need for cable boxes.

China, Britain, France sign pact for new UK nuclear plant

The Associated Press  |  Posted  Sep 29th - 10:01am

Officials from China, Britain and France have attended a signing ceremony to mark the final approval for the construction of the new Hinkley Point nuclear power station in southwest England.

Redstone push is on to reunite CBS and Viacom

Mae Anderson, Associated Press  |  Posted  Sep 29th - 9:51am

Media mogul Sumner Redstone's firm is calling for CBS and Viacom to combine again, more than a decade after they went their separate ways.

Push is on to reunite CBS and Viacom

The Associated Press  |  Posted  Sep 29th - 9:51am

A company that controls CBS and Viacom wants the two New York media companies to combine again, more than a decade after they went their separate ways.

Congress, after partisan convulsions, does the bare minimum

Erica Werner, Associated Press  |  Posted  Sep 29th - 9:42am

Acutely partisan and all but dysfunctional, Congress has completed its most elementary task after an intense weekslong struggle, finalizing a deal to fund the government just days ahead of a shutdown deadline.

OPEC deal shows cartel's resolve _ and desperation

Aomar Ouali and Pan Pylas, Associated Press  |  Posted  Sep 29th - 9:41am

OPEC's unexpected agreement to trim production shows the cartel still has the resolve — and even desperation — to try to guide oil prices higher. But don't expect triple-digit crude anytime soon.

Spain's central bank warns of cost of political impasse

The Associated Press  |  Posted  Sep 29th - 9:34am

Spain's central bank has warned that the political impasse in the country could have negative economic effects.

Volvo recalls 127K vehicles; leak can cause air bag problem

The Associated Press  |  Posted  Sep 29th - 9:31am

Volvo is recalling about 127,000 cars and SUVs worldwide because the air conditioning can leak water into the vehicles and cause air bags to malfunction.

Denmark receives Panama Papers data to fight tax dodging

Jan M. Olsen, Associated Press  |  Posted  Sep 29th - 9:11am

Denmark has received data leaked from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, authorities said Thursday, adding they paid nearly 6 million kroner ($902,500) for it.

Grain mixed, livestock mixed

The Associated Press  |  Posted  Sep 29th - 9:01am

Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.

Denmark's crown prince couple kick off 2-day Boston trip

The Associated Press  |  Posted  Sep 29th - 9:01am

Denmark's Crown Prince Frederik and Crown Princess Mary are kicking off a two-day trade mission to Boston.